Houston Galleria's $250M renovation details, new storesHouston Galleria's $250M renovation details, new storeshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=16062015-03-02T12:27:00Z2015-03-02T00:00:00Z

HOUSTON - Simon, a leading global retail real estate company, announced a $30 million renovation of Houston Galleria's luxury wing to complement the previously announced construction of a new flagship Saks store, the addition of 110,000 sf of new retail space and the creation of a 14,000-sf free standing building.

In total, Simon is investing $250 million to further elevate the shopping experience and ensure that The Galleria remains the destination of choice for shoppers and retailers alike.

The Galleria recently broke ground on a free standing space spanning 14,000 sf along Westheimer Rd. The building will welcome the first of two tenants this November, The Webster, who will open their first store outside of Florida.

Other new luxury tenants to join a list of more than 80 retailers that can only be found at The Galleria include La Perla and Tod's, both opening 2015, and Celine, opening 2016.

Redevelopment at The Galleria is well underway with the construction of the new Saks Fifth Avenue. In spring 2016, Saks Fifth Avenue will relocate to a new, 200,000-sf flagship store adjacent to their current location.

Once the new Saks store is open, Simon will convert the existing Saks store into a multilevel mall extension anchored by Saks Fifth Avenue on one end and Neiman Marcus at the other and featuring approximately 110,000 sf of space to house 35 new and unique retailers and restaurants.

Houston-The Woodlands-Sugar Land
http://www.prnewswire.com/news-releases/simon-announces-250-million-transformation-of-the-galleria-at-houston-and-the-addition-of-several-new-to-market-luxury-tenants-300042042.htmlRead more at {Source}

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